-Scroll.in India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India’s economy grew at a compound rate of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the...
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The Truth Behind the Gujarat Growth Model -Indira Hirway
-TheWire.in After huge incentives to corporate units, the Gujarat government is left with limited funds for education, health, environment and employment for the masses. What is the Gujarat model? In simple terms, it refers to a period from 2002-03 to 20011-12 during which Gujarat experienced a quantum jump in its growth rate. The driving force was the then chief minister Narendra Modi’s innovative interpretation of neoliberal policies. The growth strategy had three major...
More »TCA Anant, Chief Statistician of India and Secretary -- MoSPI, interviewed by Vikas Dhoot and TCA Sharad Raghavan (The Hindu)
-The Hindu The Chief Statistician of India on the economy, the meaning of the new series of GDP data, and the need to wait for the impact of demonetisation to unfold T.C.A. Anant is the Chief Statistician of India, and Secretary, Ministry of Statistics and Programme Implementation. He has been in charge of several notable changes in the way economic data has been recently presented, including the new GDP and Gross Value...
More »Vidarbha farmers in debt trap: Here is how to save them -Vivian Fernandes
-The Financial Express How can the cotton and soybean farmers of Vidarbha and Marathwada supplement their incomes so they can get out of the trap of debt and self-engineered death? That was the theme of Union minister Nitin Gadkari’s ninth edition, four-day agricultural exhibition at Nagpur, called Agrovision, to which I was invited. A promising beginning has been made. In October last year, the National Dairy Development Board commenced operations. It...
More »Card transactions soar 84% in September 2017 to Rs 74,090 crore, says report
-PTI The study further said digital payment companies have seen a substantial jump in business following the government's push towards cashless transactions after the note-ban last November, and the major contributor to this growth was online payments. Mumbai: The debit and credit card transactions have jumped to Rs 74,090 crore in September this year, up a hefty 84 per cent as compared to the same month last year when it stood...
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